Sinopec inventory: & nbsp;  two-oil polyolefin inventory 870000 tons, 35000 tons less than yesterday.

PP Futures Analysis: & nbsp;  May 8 PP2409 opening price: 7587, highest price: 7613, lowest price: 7563, position: 419516, settlement price: 7586, yesterday settlement: 7560, down: 26.

Mainstream quotation for wire drawing in PP market: yuan / ton

PP China spot market analysis: & nbsp;  today China PP market upward consolidation, some areas showed different degrees of rise, North China, East China rose 10-50 yuan / ton. According to the US Energy Information Administration, it is difficult for the Federal Reserve to cut interest rates in the short term. The cost side of international oil prices fell. Macro expectations in the market are good, prices in various regions are mainly strong, market transactions are getting better, businesses go with the market as a whole, individual areas wait and see, and prices have not been adjusted for the time being.

PP spot trend forecast: & nbsp;  cost port post-festival international crude oil disk fell significantly, weakening support for the polypropylene market. The early maintenance equipment on the supply side has been restored, and at the same time, there are new maintenance devices, but at present, the social inventory is relatively large, and the merchants are active in shipping, while with the launch of the new production capacity in May, the pressure on the supply side in the later period is relatively increased. The situation of terminal replenishment on the demand side has not increased significantly for the time being, there is no big fluctuation in the futures market, and there is no obvious stimulus to the spot price for the time being. it is expected that the short-term polypropylene price or interval arrangement will be the main.

China's PP Index: & nbsp;  according to Tudor data, China's PP spot index rose 23, or 0.31%, to 7625 on May 8.

China installation parking Summary:

Shenhua auction turnover: & nbsp;  Shenhua Coal Chemical today's auction volume of 1967 tons, an increase of 18.92% over yesterday; turnover of 1615 tons, an increase of 3.73% over yesterday, and a turnover rate of 82.10%, a decrease of 12.03% compared with yesterday.